Comment by PanMan
15 years ago
AFAIK Ycombinator invests about 15K for 6%. That 6% would now be 12 million. That's a 800x ROI. Nice :)
15 years ago
AFAIK Ycombinator invests about 15K for 6%. That 6% would now be 12 million. That's a 800x ROI. Nice :)
I imagine YC's share will have been diluted quite a bit, but no doubt it's a great ROI.
It would be intelligent if YC take a non-diluted portion. That is if the startup raise VC money, the YC % don't get diluted and the founders % get diluted a little more.
I doubt that would fit very well with PG's pro-founder ethos.
this would cripple companies in the long run.